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  3. Australian Military Bank
  4. Income Plus

Income Plus

  • 3 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

3.40%

Maximum rate

4.70%

for 6 months

Income Plus

  • 3 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

3.40%

Maximum rate

4.70%

for 6 months

Pros and Cons

For Income Plus

Benefits

  • Interest can be paid to other institution
  • Automatic maturity rollover
  • Maturity alert by email and phone

Drawbacks

    Australian Military Bank Rate Term Deposit overview

    For Income Plus

    Features

    Min deposit

    $1,000

    Automatic maturity rollover

    Maturity alert by phone

    Maturity alert by email

    Joint application available

    Minimum Age Requirement

    -

    Notice period to withdraw

    -

    Is covered by government guarantee

    Target Market Determination

    Visit Australian Military Bank Ltd to view Target Market Determination.

    Interest

    Interest Calculation Frequency

    Daily

    Interest Payment Frequency Options

    Monthly

    Interest payment via other institution

    Interest payment method

    -

    Fees

    Account keeping fee

    $0

    Early withdrawal fee

    -

    Rates

    TermRates on deposit of ($1,000 - $99,999,999)
    3 months3.40%
    4 months3.40%
    5 months3.40%
    6 months4.70%
    9 months4.70%
    10 months4.70%
    11 months4.70%
    1 year4.70%

    How to apply

    If you'd like to apply for this term deposit or just get more information, follow the application process to speak to an Australian Military Bank mortgage specialist.